By Lipton Matthews Commentators worry that the United States might lose its dominance in innovation to Asian countries like China and Singapore. Many policymakers are intimidated by the R&D budgets of Asian countries and by their superior performance on international academic assessments. However, these concerns are misguided because the United States still dominates … [Read more...] about For Now, Innovation and Entrepreneurship Still Holds a High Place in the USA
Lipton Matthews
Africa’s Entrepreneurs: The Igbos of Nigeria
By Lipton Matthews The Igbos are one of the largest ethnic groups in Nigeria and are celebrated for their successes in entrepreneurship and academia. The Igbos’ success extends outside the borders of Nigeria and cannot be considered a fluke. To account for their accomplishments, anthropologists have conducted several studies to ascertain the factors responsible for the … [Read more...] about Africa’s Entrepreneurs: The Igbos of Nigeria
How Market Freedom Combats Economic Inequality
By Lipton Matthews For many, income inequality is a disease ravaging the fabric of capitalist societies. Therefore, curing this ailment, according to progressives, necessitates an injection of welfare benefits and higher taxes on the wealthy. Guided by a zero-sum outlook, critics believe that the success of the affluent is gained at the expense of the poor. To remind voters … [Read more...] about How Market Freedom Combats Economic Inequality
Lessons on Economic Freedom from Ancient Greece
By Lipton Matthews Economic freedom isn't a modern invention. Throughout history, we find time and time again that those areas with the most economic freedom were the most prosperous. Activists in favor of economic freedom often limit themselves, however, to only a few times and places, and most lean on modern studies showing the benefits of the marketplace. It is possible … [Read more...] about Lessons on Economic Freedom from Ancient Greece